Cboe Global Markets

Cboe Equities Exchanges Rule Filings

Rule filings are not effective until approved by the Securities and Exchange Commission ("SEC"), with the exception of certain types of rule filings that may take effect upon filing with the SEC if they meet the conditions specified under Section 19 of the Securities Exchange Act of 1934 and Rule 19b-4 thereunder. Below are pending rule filings submitted by the Exchange, followed by rule changes that have been approved by the SEC or became immediately effective pursuant to the Exchange Act.

Pending Rule Changes

SR-CboeBZX-2021-039
May 10, 2021
The Exchange proposes a rule change to list and trade shares of the Wise Origin Bitcoin Trust (the “Trust”), under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares.
SR-CboeBZX-2021-036
April 29, 2021
The Exchange proposes to exclude a National Best Bid or Offer (“NBBO”) from the calculation of the BZX Official Closing Price, as provided in Rule 11.23(c)(2)(B)(ii)(b), that is outside the bands provided under the Plan to Address Extraordinary Market Volatility (the “Limit Up-Limit Down” or “LULD” Plan).
SR-CboeBZX-2021-035
April 26, 2021
The Exchange proposes to amend its process for re-opening securities listed on other national securities exchanges following the resumption of trading after a halt, suspension, or pause during the Early Trading Session, Pre-Opening Session, or After Hours Session.
SR-CboeBZX-2021-029
April 9, 2021
The Exchange proposes a rule change to list and trade shares of the Kryptoin Bitcoin ETF Trust, under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares.
SR-CboeBZX-2021-028
April 16, 2021
The Exchange proposes to amend the Sixth Amended and Restated Bylaws of its parent corporation, Cboe Global Markets, Inc.
SR-CboeBZX-2021-024
March 26, 2021
The Exchange rule change to list and trade shares of the WisdomTree Bitcoin Trust, under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares.
SR-CboeBZX-2021-023
March 26, 2021
The Exchange proposes to extend the cutoff time for accepting on close orders entered for participation in the Exchange’s Closing Auction and make clarifying changes to the definitions of Late-Limit-On-Close (“LLOC”) and Late-Limit-On-Open (“LLOO”) orders as provided in Exchange Rule 11.23.
SR-CboeBZX-2021-019
March 1, 2021
The Exchange proposes a rule change to list and trade shares of the VanEck Bitcoin Trust (the “Trust”), under BZX Rule 14.11(e)(4), Commodity-Based Trust Shares.
SR-CboeBZX-2021-014
January 22, 2021
The Exchange proposes to allow the Invesco Focused Discovery Growth ETF and Invesco Select Growth ETF, each a series of the Invesco Actively Managed Exchange-Traded Fund Trust, to strike and publish multiple intra-day net asset values and an end-of-day NAV.

Approved and Immediately Effective Rule Changes

SR-BatsBZX-2016-92
December 30, 2016
The Exchange proposes a rule change related to fees.
SR-BatsBZX-2016-91
December 15, 2016
The Exchange proposes a rule change to adopt a Participant Fee applicable to Options Members of its equity options platform.
SR-BatsBZX-2016-90
December 27, 2016
The Exchange proposes a rule change to modify fees as they apply to the Equity Options Platform for connectivity and its communication and routing service known as Bats Connect.
SR-BatsBZX-2016-89
December 27, 2016
The Exchange proposes a rule change to modify fees for connectivity and its communication and routing service known as Bats Connect.
SR-BatsBZX-2016-88
December 13, 2016
The Exchange proposes a rule change to BZX Rule 14.11(i), Managed Fund Shares, to list shares of the Cambria Sovereign High Yield Bond ETF and the Cambria Value and Momentum ETF.
SR-BatsBZX-2016-87
December 14, 2016
The Exchange proposes a rule change to amend the market data section of its fee schedule to adopt fees for BZX Summary Depth and amend fees for BZX Depth.
SR-BatsBZX-2016-84
November 30, 2016
Proposed rule change to Rule 21.5 to extend through June 30, 2017, the Penny Pilot Program in options classes in certain issues
SR-BatsBZX-2016-83
November 30, 2016
The Exchange proposes rule changes to fees as they apply to the Equity Options Platform.
SR-BatsBZX-2016-82
November 30, 2016
The Exchange proposes a rule change to amend Exchange Rule 11.27(b) regarding the data collection requirements of the Regulation NMS Plan to Implement a Tick Size Pilot Program.
SR-BatsBZX-2016-81
November 30, 2016
The Exchange proposes a rule change to BZX Rule 11.23, Auctions, to amend how the official auction prices are calculated and add additional specificity regarding the handling of RHO orders during an opening auction for a BZX listed security.
SR-BatsBZX-2016-80 Amendment No. 2
March 3, 2017
The Exchange proposes a second amendment to SR-BatsBZX-2016-80.
SR-BatsBZX-2016-80 Amendment No. 1
March 1, 2017
The Exchange proposes an amendment to SR-BatsBZX-2016-80.
SR-BatsBZX-2016-80
November 18, 2016
The Exchange proposes rule changes to BZX Rule 14.11, Other Securities, and BZX Rule 14.12, Failure to Meet Listing Standards.
SR-BatsBZX-2016-79
November 29, 2016
The Exchange proposes a rule change to make several non-substantive changes to the fee schedule as it applies to the Equity Options Platform.
SR-BatsBZX-2016-78
November 29, 2016
The Exchange proposes a rule change to make several non-substantive changes to the fee schedule.
SR-BatsBZX-2016-77
November 16, 2016
The Exchange proposes a rule change to make ministerial and corrective changes to Exchange Rules 11.13, 11.16, 11.22, and 11.27.
SR-BatsBZX-2016-76
November 7, 2016
The Exchange proposes a rule change related to fees.
SR-BatsBZX-2016-75
November 7, 2016
The Exchange proposes a rule change to extend the pilot period for the Supplemental Competitive Liquidity Provider Program.
SR-BatsBZX-2016-73
November 3, 2016
The Exchange proposes a rule change to BZX Rule 8.11, Effective Date of Judgment and to add BZX Rule 8.18, Release of Disciplinary Complaints, Decisions and Other Information.
SR-BatsBZX-2016-71
October 28, 2016
The Exchange proposes a rule change to extend the pilot period for the Supplemental Liquidity Provider Program.
SR-BatsBZX-2016-69
October 27, 2016
The Exchange proposes a rule change related to fees as they apply to the Equity Options Platform.
SR-BatsBZX-2016-68
November 2, 2016
The Exchange proposes a rule change in connection with the proposed corporate transaction involving Bats Global Markets, Inc. and CBOE Holdings, Inc.
SR-BatsBZX-2016-67
October 24, 2016
The Exchange proposes a rule change to amend EDGX Rule 2.5, Restrictions, regarding Members and associated persons of Members who are or become subject to a statutory disqualification.
SR-BatsBZX-2016-66
September 30, 2016
The Exchange proposes a rule change related to fees as they apply to the Equity Options Platform.
SR-BatsBZX-2016-65
October 12, 2016
The Exchange proposes a rule change to BZX Rule 11.13, Order Execution and Routing.
SR-BatsBZX-2016-64
September 28, 2016
The Exchange proposes a rule change related to fees to make a clarifying change related to the Tape B Quoting Tier.
SR-BatsBZX-2016-62
September 28, 2016
The Exchange proposes a rule change to Rule 22.3, Continuing Options Market Maker Registration.
SR-BatsBZX-2016-61 Amendment 1
January 24, 2017
The Exchange proposes an amendment to SR-BatsBZX-2016-61.
SR-BatsBZX-2016-61
October 13, 2016
The Exchange proposes a rule change to amend Exchange Rule 11.23, Auctions, to enhance the reopening auction process following a trading halt declared pursuant to the Plan to Address Extraordinary Market Volatility Pursuant to Rule 608 of Regulation NMS.
SR-BatsBZX-2016-59
September 19, 2016
The Exchange proposes a rule change to update BZX Rules 21.1, 21.7 and 21.9 to align the Exchange's rules and functionality applicable to the Exchange's Options Platform, BZX Options, with the Exchange's affiliated Options Platform, EDGX Options, which is operated by Bats EDGX Exchange, Inc.
SR-BatsBZX-2016-57
August 31, 2016
The Exchange proposes a rule change related to fees as they apply to the Equity Options Platform.
SR-BatsBZX-2016-56
August 31, 2016
The Exchange proposes a rule change related to fees.
SR-BatsBZX-2016-55
August 26, 2016
The Exchange proposes a rule change to amend Rule 11.27(b) regarding the data collection requirements of the Regulation NMS Plan to implement a Tick Size Pilot Program.
SR-BatsBZX-2016-53
August 25, 2016
The Exchange proposes a rule change to amend Rule 19.6, Series of Options Contracts Open for Trading, to allow Wednesday expirations for SPY options.
SR-BatsBZX-2016-52
August 22, 2016
The Exchange proposed a rule change related to fees as they apply to the Equity Options Platform.
SR-BatsBZX-2016-50
August 11, 2016
The Exchange proposes a rule change to amend Rule 11.22, Data Products, to adopt a new market data product known as BZX Summary Depth.
SR-BatsBZX-2016-48 Amendment No. 2
October 26, 2016
The Exchange proposes a second amendment to SR-BatsBZX-2016-48.
SR-BatsBZX-2016-48 Amendment No. 1
October 6, 2016
The Exchange proposes an amendment to SR-BatsBZX-2016-48.
SR-BatsBZX-2016-48
August 9, 2016
The Exchange proposes a rule change to Rule 14.11(c)(4) to list and trade shares of the iShares iBonds Dec 2023 Term Muni Bond ETF and iShares iBonds Dec 2024 Term Muni Bond ETF of the iShares U.S. ETF Trust.
SR-BatsBZX-2016-47
August 2, 2016
The Exchange proposed a rule change to establish a closing contingency procedure.
SR-BatsBZX-2016-46
July 28, 2016
The Exchange proposes a rule change to extend the Pilot Period for the Exchange's Supplemental Competitive Liquidity Provider Program.
SR-BatsBZX-2016-45
July 29, 2016
The Exchange proposed a rule change related to fees.
SR-BatsBZX-2016-44
July 29, 2016
The Exchange proposed a rule change related to fees as they apply to the Equity Options Platform.
SR-BatsBZX-2016-43
July 25, 2016
The Exchange proposes a rule to reflect the dissolution of one of the Exchanges intermediate holding companies, Direct Edge Holdings LLC.
SR-BatsBZX-2016-41
July 13, 2016
The Exchange proposes a rule change related to fees
SR-BatsBZX-2016-37
July 5, 2016
The Exchange proposes a rule change to BZX Rule 11.26(a), stating it will utilize IEX market data from the CQS/UQDF for purposes of order handling, routing, and related compliance processes
SR-BatsBZX-2016-36
July 1, 2016
The Exchange proposes rule changes related to fees as they apply to the Equity Options Platform.
SR-BatsBZX-2016-35 Amendment No. 3
October 4, 2016
The Exchange proposes a third amendment to SR-BatsBZX-2016-35.
SR-BatsBZX-2016-35 Amendment No. 2
October 3, 2016
The Exchange proposes a second amendment to SR-BatsBZX-2016-35.
SR-BatsBZX-2016-35 Amendment No. 1
August 30, 2016
The Exchange proposes an amendment to SR-BatsBZX-2016-35.
SR-BatsBZX-2016-35
July 1, 2016
The Exchange proposed a rule change to BZX Rule 14.11(i), Managed Fund Shares, to list and trade shares of the JPMorgan Global Bond Opportunities ETF of the J.P. Morgan Exchange-Traded Fund Trust.
SR-BatsBZX-2016-34 Amendment No. 2
September 15, 2016
The Exchange proposes an amendment to SR-BatsBZX-2016-34.
SR-BatsBZX-2016-34 Amendment No. 1
August 19, 2016
The Exchange proposes an amendment to SR-BatsBZX-2016-34.
SR-BatsBZX-2016-34
July 1, 2016
The Exchange proposed a rule change to BZX Rule 14.11(i), Managed Fund Shares, to list and trade shares of the ProShares Crude Oil Strategy ETF, a series of ProShares.
SR-BatsBZX-2016-33
July 1, 2016
The Exchange filed a proposal to amend its Fee Schedule to adopt a new tier under footnote 1 called the Cross-Asset Add Volume Tier.
SR-BatsBZX-2016-31
July 1, 2016
The Exchange proposes to add Interpretation and Policy .01 to Rule 16.1 to specify the manner in which the Exchange calculates average daily order submissions for purposes of counting Professional orders.
SR-BatsBZX-2016-29 Amendment No. 1
September 1, 2016
The Exchange proposes an amendment to SR-BatsBZX-2016-29.
SR-BatsBZX-2016-29
June 29, 2016
The Exchange proposed a rule change to adopt paragraph (c) to Exchange Rule 11.27 to describe changes to system functionality necessary to implement the Regulation NMS Plan to implement a Tick Size Pilot Program.
SR-BatsBZX-2016-28
June 23, 2016
The Exchange proposes a rule change to remove Interpretation and Policy .01 from Rule 11.13, Order Execution and Routing.
SR-BatsBZX-2016-27
June 17, 2016
The Exchange proposed a rule change to Rule 11.22(j) identifying certain transactions as the Bats One Opening Price or the Bats One Closing Price.
SR-BatsBZX-2016-26 Amendment No. 1
September 30, 2016
The Exchange proposes and amendment to SR-BatsBZX-2016-26.
SR-BatsBZX-2016-26
June 23, 2016
The Exchange proposed a rule change to BZX Rule 14.11(d), to add the EURO STOXX 50 Volatility Futures to the definition of Futures Reference Asset.
SR-BatsBZX-2016-25
June 9, 2016
The Exchange proposed a rule change to Rule 11.24, Opening Process.
SR-BatsBZX-2016-24
June 8, 2016
The Exchange proposed a rule change related to fees.
SR-BatsBZX-2016-23
June 3, 2016
The Exchange proposes a rule change to extend the Penny Pilot Program.
SR-BatsBZX-2016-22
June 1, 2016
The Exchange proposes rule changes related to fees as they apply to the Equity Options Platform.
SR-BatsBZX-2016-20
May 20, 2016
The Exchange proposed a rule change to amend Rule 14.13, Company Listing Fees.
SR-BatsBZX-2016-19
May 13, 2016
The Exchange proposed a rule change to Rule 11.24, Opening Process for Non-BZX-Listed Securities.
SR-BatsBZX-2016-18
May 11, 2016
The Exchange proposed a rule change to Rules 15.1(a) and (c) in order to implement a Tape B Quoting Tier.
SR-BatsBZX-2016-17
May 16, 2016
The Exchange proposed a rule change related to fees as they apply to the Equity Options Platform.
SR-BatsBZX-2016-16
May 3, 2016
The Exchange proposed a rule change to add subparagraph (5) to Rule 21.1(h) modifying the operation of orders subject to the display price sliding process when a contra-side Post Only Order is received by the Bats BZX Exchange Options Platform.
SR-BatsBZX-2016-14
May 2, 2016
The Exchange proposes rule changes related to fees as they apply to the Equity Options Platform.
SR-BatsBZX-2016-13
May 2, 2016
The Exchange proposed a rule change to Rule 11.13, Order Execution and Routing, to delete references to the TRIM3 routing option.
SR-BatsBZX-2016-12
April 29, 2016
The Exchange proposes rule changes related to fees.
SR-BatsBZX-2016-11
April 22, 2016
The Exchange proposes a rule change to extend the Pilot Period for the Exchange's Supplemental Competitive Liquidity Provider Program.
SR-BatsBZX-2016-09 Amendment No. 1
July 19, 2016
The Exchange proposes an amendment to SR-BatsBZX-2016-09.
SR-BatsBZX-2016-09
April 15, 2016
The Exchange proposed a rule change to Rule 14.11, Managed Fund Shares, to list and trade shares of the Pointbreak Agriculture Commodity Strategy Fund of the Pointbreak ETF Trust.
SR-BatsBZX-2016-08
April 13, 2016
The Exchange proposed a rule change to Rule 14.3 regarding the requirements for the listing of securities that are issued by the Exchange or any of its affiliates.
SR-BatsBZX-2016-07
April 8, 2016
The Exchange proposes to amend the Certificate of Incorporation of its ultimate parent company, Bats Global Markets, Inc.
SR-BatsBZX-2016-06
April 7, 2016
The Exchange proposes rule changes related to fees as they apply to the Equity Options Platform.
SR-BatsBZX-2016-04
March 31, 2016
The Exchange proposes rule changes related to fees as they apply to the Equity Options Platform.
SR-BatsBZX-2016-02
March 24, 2016
The Exchange proposes rule changes in connection with the Equity Options Platform.
SR-BatsBZX-2016-01 Amendment No. 8
July 13, 2016
The Exchange proposes an eighth amendment to SR-BatsBZX-2016-01.
SR-BatsBZX-2016-01 Amendment No. 7
July 12, 2016
The Exchange proposed a seventh amendment to SR-BatsBZX-2016-01.
SR-BatsBZX-2016-01 Amendment No. 6
July 8, 2016
The Exchange proposes a sixth amendment to SR-BatsBZX-2016-01.
SR-BatsBZX-2016-01 Amendment No. 4
July 7, 2016
The Exchange proposed a fourth amendment to SR-BatsBZX-2016-01.
SR-BatsBZX-2016-01 Amendment No. 3
June 23, 2016
The Exchange proposes a third amendment to SR-BatsBZX-2016-01.
SR-BatsBZX-2016-01 Amendment No. 2
June 14, 2016
The Exchange proposes a second amendment to SR-BatsBZX-2016-01.
SR-BatsBZX-2016-01 Amendment No. 1
June 1, 2016
The Exchange proposes an amendment to SR-BatsBZX-2016-01.
SR-BatsBZX-2016-01
March 29, 2016
The Exchange proposes a rule change to list and trade under BZX Rule 14.11(c)(4) shares of the following series of Market Vectors ETF Trust: Market Vectors 6-8 Year Municipal Index ETF; Market Vectors 8-12 Year Municipal Index ETF; and Market Vectors 12-17 Year Municipal Index ETF.
SR-BATS-2016-27
March 2, 2016
The Exchange is filing a proposed rule change to amend Rule 11.27(b), Compliance with Data Collection Requirements, relating to the Regulation NMS Plan to implement a Tick Size Pilot Program.
SR-BATS-2016-26
March 1, 2016
The Exchnage proposes a rule change related to fees as they apply to the Equity Options Platform.
SR-BATS-2016-25
February 26, 2016
The Exchange is filing a proposed a rule change to amend its rules as well as certain corporate documents of the Exchange to reflect a legal name change by BATS Global Markets, Inc. and the legal names of certain subsidiaries.
SR-BATS-2016-24
February 25, 2016
Bats BZX Exchange, Inc. (f/k/a BATS Exchange, Inc.) proposes a rule change to amend Rule 11.23, Auctions, to lengthen the auction information dissemination periods for the opening and closing auctions in BZX listed securities.
SR-BATS-2016-23
February 24, 2016
Bats BZX Exchange, Inc. (f/k/a BATS Exchange, Inc.) proposes a rule change related to fees as they apply to the Equity Options Platform.
SR-BATS-2016-18
February 10, 2016
BATS Exchange, Inc. proposes a rule change to Rule 11.13(b)(3)(H), Order Execution and Routing, to amend the operation of Non-Displayed Orders and Reserve Orders.
SR-BATS-2016-17 Amendment No. 1
February 22, 2016
The Exchange proposes an amendment to SR-BATS-2016-17.
SR-BATS-2016-17
February 10, 2016
The Exchange proposes a rule change to amend its rules regarding the Auction Process for Securities Subject to an Initial Public Offering.
SR-BATS-2016-16 Amendment No. 3
June 17, 2016
The Exchange proposed a third Amendment to SR-BATS-2016-16.
SR-BATS-2016-16 Amendment No. 2
April 14, 2016
The Exchange proposes a second amendment to SR-BATS-2016-16.
SR-BATS-2016-16 Amendment No. 1
April 8, 2016
The Exchange proposes an amendment to SR-BATS-2016-16.
SR-BATS-2016-16
March 7, 2016
The Exchange proposes a rule change to list and trade shares of the Pointbreak Diversified Commodity Fund of the Pointbreak ETF Trust under BATS Rule 14.11(i), Managed Fund Shares.
SR-BATS-2016-15
February 4, 2016
BATS Exchange, Inc. proposes a rule change related to fees.
SR-BATS-2016-14 Amendment No. 1
April 11, 2016
The Exchange proposes an amendment to SR-BATS-2016-14.
SR-BATS-2016-14
February 12, 2016
The Exchange proposes a rule change to adopt an Early Trading Session and three New Time-in-Force instructions.
SR-BATS-2016-12
January 28, 2016
BATS Exchange, Inc. proposes a rule change to extend the pilot period for the Exchange's Supplemental Competitive Liquidity Provider Program.
SR-BATS-2016-10
February 9, 2016
The Exchange proposes to amend the Certificate of Incorporation and Bylaws of the Exchange's Ultimate Parent Company, BATS Global Markets, Inc.
SR-BATS-2016-08
February 10, 2016
BATS Exchange, Inc. proposes a rule change to Rules 8.15, Imposition of Fines for Minor Violation(s) of Rules, and 25.3, Penalty for Minor Rule Violations, to amend the Minor Rule Violation Plan.
SR-BATS-2016-07
January 26, 2016
BATS Exchange, Inc. proposes rule change to amend Chapter XXI of BZX Options to further align the rules with those of EDGX Options.
SR-BATS-2016-06
January 25, 2016
BATS Exchange, Inc. proposes a rule change to amend Rule 21.16, Risk Monitor Mechanism, relating to the BATS Equity Options Trading Platform.
SR-BATS-2016-04 Amendment No. 2
March 24, 2016
The Exchange proposes a second amendment to SR-BATS-2016-04.
SR-BATS-2016-04
February 4, 2016
The Exchange proposes a rule change to Rule 14.11(i), Managed Fund Shares, to list and trade shares of the SPDR DoubleLine Short Term Total Return Tactical ETF of the SSgA Active Trust.
SR-BATS-2016-03 Amendment No. 3
March 22, 2016
The Exchange proposes a third amendment to SR-BATS-2016-03.
SR-BATS-2016-03 Amendment No. 1
February 3, 2016
The Exchange proposes an amendment to SR-BATS-2016-03.
SR-BATS-2016-03
February 1, 2016
The Exchange proposes a rule change to Rule 14.11(i), Managed Fund Shares, to list and trade the shares of the Elkhorn Dow Jones RAFI Commodity ETF of Elkhorn ETF Trust.